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Selected data ( in thousands ) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows:
Selected data in thousands derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows: Cash flows from operating activities:
Adjustments to reconcile net income to net cash flow from operating activities:
Changes in current operating assets and liabilities:
Net cash flow from operating activities
The company has.
earnings and.
net cash flow from operating activities. The increase in accounts
eceivable indicates a
in sales. In addition, the company is using its cash to decrease its accounts payable balance, which
ndicates that the company is
Overall, National Beverage is doing
financially.
a Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method for National Beverage Corp. Use
the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Enter the amounts in thousands of dollars,
as shown above.
National Beverage Co
Cash Flows from Operating Activities
in thousands
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